Allen Investment Management LLC Has $395,000 Stock Holdings in Costco Wholesale Co. (NASDAQ:COST)

Allen Investment Management LLC Has $395,000 Stock Holdings in Costco Wholesale Co. (NASDAQ:COST) Posted by Erica Schwartz on Feb 16th, 2024 Share on Stocktwits Allen Investment Management LLC increased its stake in shares of Costco Wholesale Co. ( NASDAQ:COST – Free Report ) by 3.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 699 shares of the retailer’s stock after acquiring an additional 25 shares during the period. Allen Investment Management LLC’s holdings in Costco Wholesale were worth $395,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also made changes to their positions in the company. TrinityPoint Wealth LLC grew its holdings in shares of Costco Wholesale by 0.9% during the second quarter. TrinityPoint Wealth LLC now owns 2,134 shares of the retailer’s stock valued at $1,149,000 after buying an additional 18 shares during the last quarter. LaSalle St. Investment Advisors LLC boosted its holdings in Costco Wholesale by 1.2% during the second quarter. LaSalle St. Investment Advisors LLC now owns 1,520 shares of the retailer’s stock worth $818,000 after purchasing an additional 18 shares during the last quarter. Mendel Money Management boosted its holdings in Costco Wholesale by 2.0% during the second quarter. Mendel Money Management now owns 935 shares of the retailer’s stock worth $504,000 after purchasing an additional 18 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in Costco Wholesale by 6.3% during the second quarter. SRS Capital

Advisors Inc. now owns 304 shares of the retailer’s stock worth $164,000 after purchasing an additional 18 shares during the last quarter. Finally, Apeiron RIA LLC boosted its holdings in Costco Wholesale by 2.5% during the third quarter. Apeiron RIA LLC now owns 750 shares of the retailer’s stock worth $424,000 after purchasing an additional 18 shares during the last quarter. 66.31% of the stock is currently owned by institutional investors and hedge funds. Get Costco Wholesale alerts: Insiders Place Their Bets In other Costco Wholesale news, CFO Richard A. Galanti sold 1,112 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $680.21, for a total transaction of $756,393.52. Following the completion of the sale, the chief financial officer now directly owns 24,300 shares in the company, valued at approximately $16,529,103. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . In other Costco Wholesale news, insider Daniel M. Hines sold 1,400 shares of the firm’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $662.30, for a total transaction of $927,220.00. Following the sale, the insider now owns 13,922 shares in the company, valued at approximately $9,220,540.60. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, CFO Richard A. Galanti sold 1,112 shares of Costco Wholesale stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of

$680.21, for a total transaction of $756,393.52. Following the sale, the chief financial officer now owns 24,300 shares in the company, valued at approximately $16,529,103. The disclosure for this sale can be found here . In the last ninety days, insiders sold 15,194 shares of company stock worth $10,420,927. 0.18% of the stock is currently owned by corporate insiders. Wall Street Analysts Forecast Growth COST has been the topic of a number of research analyst reports. Stifel Nicolaus boosted their target price on shares of Costco Wholesale from $615.00 to $675.00 and gave the company a “buy” rating in a research note on Friday, December 15th. Oppenheimer boosted their price target on shares of Costco Wholesale from $695.00 to $760.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Raymond James boosted their price target on shares of Costco Wholesale from $580.00 to $670.00 and gave the company an “outperform” rating in a research report on Friday, December 15th. Citigroup boosted their price target on shares of Costco Wholesale from $585.00 to $630.00 and gave the company a “neutral” rating in a research report on Friday, December 15th. Finally, Evercore ISI boosted their price target on shares of Costco Wholesale from $640.00 to $650.00 and gave the company an “outperform” rating in a research report on Tuesday, December 12th. Seven research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $659.96.